Which of the Following Is LEAST-Likely a Component of a Typical

question 37

Multiple Choice

Which of the following is LEAST-Likely a component of a typical disc brake?

• A) a grease cap
• B) lug studs
• C) a brake pad
• D) an adapter

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Definitions:

Operating Expenses

Costs associated with the day-to-day operations of a business, such as rent, utilities, and salaries.

Prepaid Expenses

Expenses paid in advance for goods or services to be received in the future.

Accrued Liabilities

Liabilities recorded on a company’s balance sheet for expenses that have been incurred but not yet paid.

Accounts Payable

Accounts payable is the balance of money owed to suppliers or creditors for goods or services purchased on credit, which is typically a short-term liability.